Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[JayJuanGee]

Whether I know what i am doing or NOT, I have outlined a plan and I have invested according to the plan and then I made various adjustments along the way and I continue to have a plan.  I have also communicated various aspects of my plan as I had been investing, sometimes looking for feedback in order to figure out my strategy.  In the end, I own my own plan and I take full responsibility over it.  In various ways things have gone better than expected, and yet with 20/20 hindsight, I can see areas in which I could have done better.. but I am NOT kicking myself over that because NONE of us really know where the market is going, even though some of the whale manipulators have better abilities to attempt to control the direction of the market... at least for short periods of time.

Otherwise, you are a dweeb for attempting to judge me and to denigrate my investment strategy or my intelligence when you really do NOT know my situation in detail.  You do not know my finances, my goals, my timeline and a large variety of other factors, but still you strive to make after the fact judgements and denigrations..  a true sign of someone or a bot that has a few screws loose.  sorry about that for you.       

WTF are you doing? You have NOT capitalized this one particular instance of NOT. Do NOT NOT do that again.

 

I must have gotten a little excited and emotional over NOT NOT porkchop... accordingly, i will try to control my emotions better in the future and to post my NOTs more appropriately.   

[NotLambchop]

...
I have already explained that I do NOT stupid. ...

Classic

[ChartBuddy]

Explanation

[Newbie1022]

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Do you plan to double down again if we hit $150? And $75? Serious question

If we hit $150... I would double down. I think this guy shot all his bullets, though. It sounds like it. Otherwise his number wouldn't be in the $550s... he would have doubled down in the low $300s. He's cooked.

[BlindMayorBitcorn]

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Do you plan to double down again if we hit $150? And $75? Serious question

If we hit $150... I would double down. I think this guy shot all his bullets, though. It sounds like it. Otherwise his number wouldn't be in the $550s... he would have doubled down in the low $300s. He's cooked.

Ya. Some people been sitting on gold they bought at $1800/oz. Just bad luck that

[JayJuanGee]

...
Probably doesn't feel as stupid as someone like me that sold hundreds in the 5-10 range.

 

I sold plenty of coin below today's price.  Feel like a boss--I made money.  Our friend, the intrepid investor, lost it.  Though technically, the money wasn't lost--it simply went to those who happened to be smarter than JayJuanGee.
In his case, @$1200, that meant "everyone."

You gotta work on your reading skills NOT Not pork.  Yes I believe I bought 1.24 BTC at $1,200.  So the fuck what.

Took one for the team. Good on you, bro!

I did NOT take any for the team.  I had been intending to look at bitcoin in October and November 2013, and I did NOT get around to it until mid to late November.  By the time I figured out how to invest and to get started, I went through Local Bitcoins for my first purchase.  I realized that prices had been going up, so I decided to invest $30k into bitcoin over the first 6 months, and to start out with a $1,500 purchase.  I had seen that bitcoin prices had gone up by 8x in the previous month and I had seen that BTC prices had gone up by more than 20x over the previous year, so I was fairly skeptical of its ability to continue to go up from $1200; however, I wanted to have a little bit of skin in the game, just in case BTC prices went up further.. which was NOT out of the question.  Accordingly, I figured that I could continue to study bitcoin while I had some skin in the game. 

[BlindMayorBitcorn]

I did NOT try to make you mad, bro. You mad??

[ShroomsKit]

Enjoying the pump and dump everyone?

Bitcoin, the revolution of money which will take over the world financial system is nothing more than a pump and dump scheme in control of a few whales who play the market as they please.

[janos666]

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Do you plan to double down again if we hit $150? And $75? Serious question

If we hit $150... I would double down. I think this guy shot all his bullets, though. It sounds like it. Otherwise his number wouldn't be in the $550s... he would have doubled down in the low $300s. He's cooked.

Ya. Some people been sitting on gold they bought at $1800/oz. Just bad luck that

Will it corrode? (Bitcoin might.)

[JayJuanGee]

...
Probably doesn't feel as stupid as someone like me that sold hundreds in the 5-10 range.

 

I sold plenty of coin below today's price.  Feel like a boss--I made money.  Our friend, the intrepid investor, lost it.  Though technically, the money wasn't lost--it simply went to those who happened to be smarter than JayJuanGee.
In his case, @$1200, that meant "everyone."

You gotta work on your reading skills NOT Not pork.  Yes I believe I bought 1.24 BTC at $1,200.  So the fuck what.

It's universally agreed that you are the lowest IQ of the bunch. Give it up.

I am NOT trying to compete with anyone regarding IQ; however, I already know that i have a decently high IQ based on a variety of factors and I am neither insecure in my assessment of my IQ nor do I feel that I need to defend myself in the IQ department.

Interesting use of the phrase "universally agreed?"  You and NOTNOT porkchop and possibly a few other asshole spam tolls who have little to NO substantive value to add to the thread have gotten on the "universally agreed" bandwagon about some topics that you have little to no clue.

[JimboToronto]

Enjoying the pump and dump everyone?

Bitcoin, the revolution of money which will take over the world financial system is nothing more than a pump and dump scheme in control of a few whales who play the market as they please.

He's back!

[NotLambchop]

I did NOT try to make you mad, bro. You mad??

Oh he mad...

[Newbie1022]

...
Probably doesn't feel as stupid as someone like me that sold hundreds in the 5-10 range.

 

I sold plenty of coin below today's price.  Feel like a boss--I made money.  Our friend, the intrepid investor, lost it.  Though technically, the money wasn't lost--it simply went to those who happened to be smarter than JayJuanGee.
In his case, @$1200, that meant "everyone."

You gotta work on your reading skills NOT Not pork.  Yes I believe I bought 1.24 BTC at $1,200.  So the fuck what.

It's universally agreed that you are the lowest IQ of the bunch. Give it up.

I am NOT trying to compete with anyone regarding IQ; however, I already know that i have a decently high IQ based on a variety of factors and I am neither insecure in my assessment of my IQ nor do I feel that I need to defend myself in the IQ department.

Interesting use of the phrase "universally agreed?"  You and NOTNOT porkchop and possibly a few other asshole spam tolls who have little to NO substantive value to add to the thread have gotten on the "universally agreed" bandwagon about some topics that you have little to no clue.

Dude, what's a "spam toll"? I can see why you are "NOT trying to compete with anyone regarding IQ."

[Newbie1022]

...
Probably doesn't feel as stupid as someone like me that sold hundreds in the 5-10 range.

 

I sold plenty of coin below today's price.  Feel like a boss--I made money.  Our friend, the intrepid investor, lost it.  Though technically, the money wasn't lost--it simply went to those who happened to be smarter than JayJuanGee.
In his case, @$1200, that meant "everyone."

You gotta work on your reading skills NOT Not pork.  Yes I believe I bought 1.24 BTC at $1,200.  So the fuck what.

Took one for the team. Good on you, bro!

I did NOT take any for the team.  I had been intending to look at bitcoin in October and November 2013, and I did NOT get around to it until mid to late November.  By the time I figured out how to invest and to get started, I went through Local Bitcoins for my first purchase.  I realized that prices had been going up, so I decided to invest $30k into bitcoin over the first 6 months, and to start out with a $1,500 purchase.  I had seen that bitcoin prices had gone up by 8x in the previous month and I had seen that BTC prices had gone up by more than 20x over the previous year, so I was fairly skeptical of its ability to continue to go up from $1200; however, I wanted to have a little bit of skin in the game, just in case BTC prices went up further.. which was NOT out of the question.  Accordingly, I figured that I could continue to study bitcoin while I had some skin in the game. 

Please, for the love of God... please tell me you haven't invested $30k+ starting from $1200. I might actually die of laughter.

[JayJuanGee]

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Yea, but what sort of s---coin do you have the other 90% in? Is that other 90% still 90% or is it now 10%     http://www.youtube.com/watch?v=ZIcnBccjgMw

I mean, you do realize that you are telling us that you not only bought at the absolute high, but also the proximate high. =S

More than 99.5% of my crypto investment is in BTC, so I do NOT really count any of the alts that I have as being significant in the whole scheme of things.  Therefore I have less than 10% of all of my total quasi-liquid investments in BTC.  The 90% of NON-BTC are largely in a variety of diversified index funds.. some are tax deferred and some are NOT... with some I have the ability to draw a quasi passive income and to potentially move around and with others I choose to merely let those investments sit (at least for the time being).   If BTC becomes a larger portion of my portfolio due to appreciation (which I anticipate to happen at some point), then I will have to assess the extent I will consider reallocation and even potentially adding asset classes to the mix.  Probably will NOT be a bad problem to have (once it occurs).  If BTC does NOT significantly appreciate (which seems to be a fairly unlikely scenario), then I will just have to continue with my remaining assets, which are well within my ability to live comfortably off such other NON-BTC assets.

[BlindMayorBitcorn]

[conspirosphere.tk]

Don't fret, filthy Bitcoiner.  All will be taken care of.  We have plenty of time.

http://s11.postimg.org/cpm5fq6oz/poster.jpg

you should put a bitcoin coin in the criminal's hand

[Newbie1022]

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Yea, but what sort of s---coin do you have the other 90% in? Is that other 90% still 90% or is it now 10%     http://www.youtube.com/watch?v=ZIcnBccjgMw

I mean, you do realize that you are telling us that you not only bought at the absolute high, but also the proximate high. =S

More than 99.5% of my crypto investment is in BTC, so I do NOT really count any of the alts that I have as being significant in the whole scheme of things.  Therefore I have less than 10% of all of my total quasi-liquid investments in BTC.  The 90% of NON-BTC are largely in a variety of diversified index funds.. some are tax deferred and some are NOT... with some I have the ability to draw a quasi passive income and to potentially move around and with others I choose to merely let those investments sit (at least for the time being).   If BTC becomes a larger portion of my portfolio due to appreciation (which I anticipate to happen at some point), then I will have to assess the extent I will consider reallocation and even potentially adding asset classes to the mix.  Probably will NOT be a bad problem to have (once it occurs).  If BTC does NOT significantly appreciate (which seems to be a fairly unlikely scenario), then I will just have to continue with my remaining assets, which are well within my ability to live comfortably off such other NON-BTC assets.

(1) Using the word "quasi" doesn't make you seem smarter;
(2) You spend 90% of your day, here, so it is safe to assume that BTC makes up more than 10% of your investments;
(3) You clearly don't work for a living because you spend 90% of your day, here;
(4) Thus, maybe you do have that much money -- probably a trust funder;
(5) Are you seriously pissing away all of daddy's money on a pump and dump scheme?

All of that s--- talking aside, honestly, if you plan on holding, why aren't you buying more, here? This price isn't going to break below the 300s for at least a few months and will probably spike up after that. If your "investment strategy" is just the Martingale and you've got money to burn, how and why is your number so high?

Also, the Martingale is not actually an "investment strategy" -- it just means you have a gambling problem.

[NotLambchop]

Don't fret, filthy Bitcoiner.  All will be taken care of.  We have plenty of time.

http://s11.postimg.org/cpm5fq6oz/poster.jpg

you should put a bitcoin coin in the criminal's hand

He doesn't have it any more.  Spent half on crushed sheetrock@CloneRoad, lost a quarter @PrimeDice, and invested the rest @Havelock Investments

[JayJuanGee]

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Do you plan to double down again if we hit $150? And $75? Serious question

I doubt that you are really asking any serious questions, and I believe you are engaged in forms of trolling and in attempts to denigrate BTC and BTC advocates.  Yes, let's make serious plans about $150 and/or $75 as if it were a high likely hood... yeah right... 

And, in any event, when people say (such as me) that they have invested no more than they are willing to lose, then of course, they are willing to lose that money and to ride it out if the prices were to sink slowly and without clear signs.. However, it does NOT mean that at some point I may sell if I believe that BTC prices are NOT going to go up.  Currently, a large number of the relevant and material facts support the theory that BTC prices are being downwardly manipulated and that they are going to be manipulated in the opposite direction (that is up) sooner or later (probably within the next 1-6 months). 

My plans and decision about what to do, exactly and how to invest and whether to invest, depends upon when and how and more importantly if such a BTC price drop were to occur.  I have pretty high doubts that BTC prices are going to drop into the $200s again, but as I keep saying, never say never in bitcoinlandia.

 Currently, I do NOT have enough fiat assets allocated to bitcoin to double down at those rates $150 to $75 rates.. if the unlikelihood of such were to come in the coming months, for example.  However, if such a price drop were to come in the coming month, then I could invest a pretty decent chunk into it, maybe $10k or so, and I have considerable chunks of assets allocated to BTC that are coming available in the near future...  I am pretty sure that I would be investing in the $200s, so I may run out of fiat by the time the prices were to get to $150 or to $75, if such unlikely events were to occur.